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Govt, Islamic Development Bank Invest Shs180bn to Boost Rural Livelihoods

Govt, Islamic Development Bank Invest Shs180bn to Boost Rural Livelihoods

The government, with support from international financiers, is pressing ahead with a $50.4 million (about Shs182 billion) initiative aimed at transforming rural economies through water access, market infrastructure, and affordable microfinance.Known as the Local Economic Growth Support (LE

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Emachines, Anker partner to provide affordable, reliable gadgets and accessories

Emachines, Anker partner to provide affordable, reliable gadgets and accessories

Global tech giant, Anker Innovations and Emachines Uganda have officially announced a strategic partnership aimed at enhancing the availability of quality consumer electronics in Uganda.The partnership was unveiled on Thursday at the Four Points by Sheraton Hotel in Kampala, marking a new

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David Rubongoya: Ugandans Must Vote, Stay and Protect the Results in 2026

David Rubongoya: Ugandans Must Vote, Stay and Protect the Results in 2026

The National Unity Platform (NUP) has intensified its campaign to boost voter turnout ahead of Uganda’s 2026 general elections, urging citizens to take an active role in shaping the country’s future.Speaking to Sunday Monitor, NUP Secretary General Da

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Housing Finance Bank Scoops Awards for Backing Farmers and Small Businesses

Housing Finance Bank Scoops Awards for Backing Farmers and Small Businesses

Housing Finance Bank has won two national awards for its outstanding efforts in boosting agricultural productivity and supporting Uganda’s small businesses to recover from recent economic shocks.The accolades — the Agricultural Credit Facility (ACF) Award and the Small

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Govt Launches Carbon Market Regulations to Boost Climate Finance, Global Cooperation

Govt Launches Carbon Market Regulations to Boost Climate Finance, Global Cooperation

The government has launched the National Climate Change Mechanisms Regulation, a key milestone in the country's efforts to operationalise Article 6 of the Paris Agreement and tap into the growing global carbon market.Unveiled by the Ministry of Water and Environment at its headquarters in

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US to double tariffs on steel and aluminium imports to 50%, Trump says

US to double tariffs on steel and aluminium imports to 50%, Trump says

President Donald Trump has announced the US will double its current tariff rate on steel and aluminium imports from 25% to 50%, starting on Wednesday.Speaking at a rally in Pittsburgh, Pennsylvania, Trump said the move would help boost the local steel industry and national supply, while re

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Absa Seeks to Boost Digital Payment With New Shs200M Cards Rewards Campaign

Absa Seeks to Boost Digital Payment With New Shs200M Cards Rewards Campaign

Absa Bank Uganda has launched a new customer campaign, Play Your Cards Right, which will reward 14 lucky winners with cash prizes totaling shs200 million.Running from June to August 2025, the campaign is open to all Absa debit and credit cardholders, bothpersonal and business, local

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ITMS,Police Boost Vehicle Recovery Efforts Across Uganda

ITMS,Police Boost Vehicle Recovery Efforts Across Uganda

The Intelligent Transport Monitoring System (ITMS), in collaboration with the Uganda Police Force, has reported a significant increase in the recovery of stolen vehicles and motorcycles across the country, thanks to intensified joint operations.The Community Liaison Officer and Public Rela

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Herbert Matovu Triumphs in Spectacular TKO Victory

Herbert Matovu Triumphs in Spectacular TKO Victory

Ugandan heavyweight boxing sensation Herbert Matovu commonly known as black Bomba, under the management and promotion of Nara Promotionz, delivered a commanding performance on May 24, 2025, securing a Technical Knockout (TKO) victory against Japan’s Mitsuro Brandon Tajima in a scheduled 8-round

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Dr. Ojangole appointed Chair Africa’s development finance body

Dr. Ojangole appointed Chair Africa’s development finance body

Uganda Development Bank's Managing Director, Dr. Patricia Ojangole, has been appointed Chairperson of the Association of African Development Finance Institutions (AADFI), the umbrella organisation for development finance institutions in Africa.Dr. Ojangole’s appointment was announced dur

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